Park Place Boosts Multi-Cloud Capabilities with CSI Acquisition

📅 May 6, 2025 - Park Place Technologies, a global provider of data center and networking optimization solutions, has acquired UK-based IT Managed Services Provider CSI Ltd., marking a pivotal move in its strategic expansion. CSI, a specialist in hybrid multi-cloud solutions for legacy IBM systems, brings deep expertise to Park Places portfolio as enterprises continue shifting to increasingly complex IT environments.

The financial terms of the acquisition were not disclosed, but the deal is considered one of the most consequential in Park Places 34-year history, second only to its 2020 acquisition of Curvature, Inc. With this move, Park Place deepens its commitment to delivering comprehensive IT lifecycle [...][... Check source for end of article ...]

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